We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Best Bank Account for 17yr old getting first job?

Hi guys.

My son is hoping to get a part time job soon and therefore will need a bank account. He will be 17 in December and currently has a child account under my name with Barclays but now needs an independant account. I've checked the forum and have noticed there are threads advising an under 18s account.

What I would like to know, is if all of the High Street banks are much of a muchness, or does one stand out from the others.

Thank you. :)
If only I knew then what I know now :)

Comments

  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Personally I'd choose the nearest bank to home or work with an ATM that isn't called Santander.

    Lloyds TSB pay 2.50% on their U19 current account, but if balances are expected to be low the rate isn't that crucial.
  • Agree with opinions4u, I prefer lloyds too but stay away from Santander.
  • pmduk
    pmduk Posts: 10,683 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    As the others have intimated, there is one bank on the high street that is outstanding. Santander which is outstanding in it's ineptitude. Avoid at all costs.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.